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Downtown Phoenix basketball arena gets new name

Originally known as America West Arena when it opened in 1992, the venue will now go by Mortgage Matchup Center

Just in time for tip-off of the WNBA Finals featuring the Phoenix Mercury, the longtime downtown arena at the intersection of Jefferson and Second streets has a new name.

Formerly the PHX Arena, the venue will go by the name Mortgage Matchup Center, United Wholesale Mortgage announced Thursday. The 10-year naming rights deal is worth nearly $115 million.

Suns majority owner Mat Ishbia is CEO and chairman of the mortgage lender.

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